Major Tax Relief for Individuals Income between Rs.5 to 7.5 Lakhs | Income Tax | Budget 2020-21

Finance Minister Nirmala Sithraman announces major tax relief for individuals Income between Rs. 5-7.5 lakh - Tax rate 10% Income between Rs. 7.5-10 lakh - Tax rate 15% Income between Rs 10-12.5 lakh - Tax rate brought down to 20% from 30%

Income Tax Rates will be significantly reduced for those who forego reliefs, exemptions: Nirmala Sitharaman

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